Org.nr 919 164 816 2022 → 2023 Year-over-year analysis

AGROFARM AS: årsregnskap 2023 vs 2022

Grew 80% on revenue, returned to profit

approved 2024-04-15; registry 2024-04-17; journal 2024 361517

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AGROFARM AS. Revenue 438.5k NOK → 790.9k NOK (+80.4%). Net result -73.2k NOK → +102.6k NOK. Equity 140.2k NOK → 242.8k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGROFARM AS.

Scorecard

Revenue
438.5k NOK 790.9k NOK
+80.4%
Operating result
-58.3k NOK +177.0k NOK
+403.6%
Net result
-73.2k NOK +102.6k NOK
+240.2%
Equity
140.2k NOK 242.8k NOK
+73.2%
Cash
28.4k NOK 27.4k NOK
-3.2%
Total assets
1.14m NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 438.5k NOK to 790.9k NOK (+80.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -58.3k NOK → +177.0k NOK (op. margin -13.3% → 22.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 73.2k NOK to a profit of 102.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 140.2k NOK → 242.8k NOK. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2 755 NOK → 9 790 NOK (+255.4% YoY). Calculated